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The Cafe, The Esplanade, Penarth, South Glamorgan, Vale Of Glamorgan, The, CF64

£5,833 pcm
£69,996 pa

Business rates & charges may apply

Richard Hayward Properties, Cardiff
SIZE

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SECTOR

Cafe to lease

USE CLASSUse class orders: A3 Restaurants and Cafes, A4 Drinking Establishments and A5 Hot Food Take away

A3, A4, A5

Lease details

Lease available date:
Now
Deposit:
£10,000A deposit provides security for a landlord against damage, or unpaid rent by a tenant.Read more about deposit in our glossary page.
Lease type:
Long term

Key features

  • Stunning Location
  • Finest Cafe and Bar
  • Fully fitted out
  • Sea Views

Description

The restaurant/bar/cafe is set in the coastal town of Penarth, right on the Esplanade with arguably the best vista of any restaurant/bar/cafe in South Wales.

The café originally cost £500,000 and more to build, fit out and open. Successfully traded in 2018 and 2019 for which we have accounts.

The property benefits from a take out service either at the point of sale internally or a service window that opens up onto the Esplanade. Including outside space, seating up to 40 people outside.

The café provides the opportunity to a couple or experienced operator who can offer exceptional simple food. The premises is licensed and can operate as an all day venue. A Hotel is onsite and is looking for the cafe to provide Breakfast, Lunch and Evening meal.

The outside seating is enormously popular and was taking over £18,000 per week in the summer months.

It needs new enthusiastic experienced owners to develop the site and set the Esplanade on fire!

The Cafe, The Esplanade, Penarth, South Glamorgan, Vale Of Glamorgan, The, CF64

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Penarth Station0.3 miles
  • Dingle Road Station0.6 miles
  • Cogan Station1.2 miles

About Richard Hayward Properties, Cardiff

3 Beachcliff, The Esplanade, Penarth, CF64 3AS

Richard Hayward Properties has been operating as an investment, development, and property management business for over forty years. It was established in 1989 by Richard Hayward and Peter Bolwell and has since evolved into a family owned business run by Richard Hayward. The business employs around thirty staff with a range of experience in the management and development fields. It was involved in the Millennium Stadium project in Cardiff in the nineties, The Old Post Office development at Newport, Salubrious Way in Swansea and many other projects throughout Wales. The current portfolio is comprised of leisure, industrial, office, residential and retail property. The business is consistently evolving and looking for and creating new business opportunities.

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